Right now, a lot depends upon the underlying commodity. Rising spot uranium prices have helped a large number of the uranium ‘development’ companies, such as Strathmore Minerals, UR-Energy, Uranerz Energy and Energy Metals, move higher. Most recently, according to TradeTech LLC, the spot uranium price reached a new high at $52/pound. Many of the U.S. uranium projects became economic above $30 and $40/pound, which offers investors more opportunity for profit. “I think I’m going to make a lot of money in the resource sector over the coming years,” Halvorson said with excitement in his voice. “But you have to be nimble. If you buy high and just hold, you might just get your money back at the end of the day. If you like the sector and trade around core positions, I think it’s going to be one of the most attractive sectors out there.”

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